Application for Tax Exemption definition

Application for Tax Exemption on non-resident’s Korean source income provided under the Korean Tax Treaty. If the Employee has already worked more than two years in Korea, he/she shall not be eligible for tax exemption.
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Examples of Application for Tax Exemption in a sentence

  • No request for a tax exemption shall be considered by the Agency unless a Project Application, which includes an Application for Tax Exemption, is filed with the Agency on the forms prescribed by the Agency.

  • Employees with the exception of Canadians and Irish, shall be eligible for exemption from paying Korean income tax during the period of the first two years if he/she provides the following documents to the employer before the first payment of salary: 1)"Residence Certificate" issued by a competent authority of employee's resident country 2) “an Application for Tax Exemption" on non-resident's Korean source income provided under the Korean Tax Treaty.

  • If the holder is not the beneficial owner, it must deliver a Written Application for Tax Exemption completed by the beneficial owner accompanied by a Transmittal Certificate.

  • Issuer The paying agent must review and sign the Written Application for Tax Exemption, and must Deliver the Written Application for Tax Exemption to the issuer before the fifteenth calendar day of the Paying Agentcalendar month in which the Tax Payment Date falls.

  • Any such Paying Agent and the Company may rely on the information provided in the Written Application for Tax Exemption (as defined below) and other documentation in the absence of actual knowledge to the contrary.

  • If the recipient of interest on the Notes is an individual non-resident of Japan or a non-Japanese corporation having a permanent establishment within Japan and the receipt of interest is carried on within Japan through such permanent establishment, such interest will not be subject to a 15.315% withholding tax by the Company, if the recipient provides the Interest Recipient Information or submits the Written Application for Tax Exemption as set out in paragraph 1.1(1) above.

  • If the recipient of interest on the senior debt securities is an individual non-resident of Japan or a non-Japanese corporation having a permanent establishment within Japan and the receipt of interest is carried on within Japan through such permanent establishment, such interest will not be subject to a 15.315% withholding tax by the Company, if the recipient provides the Interest Recipient Information or submits the Written Application for Tax Exemption as set out in paragraph 1.1(1) above.

  • The member appointing the proxy may give specific directions as to how the proxy is to vote on their behalf, otherwise the proxy may vote on behalf of the member in any matter as they see fit.

  • In relation to the above calculations the primary energy requirement is reduced to 581 PJ/a in the base scenario, 557 PJ/a in the lower scenario and 489 PJ/a in the upper scenario, giving achievable reductions of 23%, 26% and 35% respectively.The composition and volume of the accumulated blast furnace gas sludge in the blast furnace route is considerably influenced by the technology and raw materials used.

  • As for Logan, see Response to Plaintiffs’ Proposed Finding of Fact (PFOF)¶ 3.

Related to Application for Tax Exemption

  • Tax Exemption means any financial assistance granted to a project which is based upon all or a portion of the taxes which would otherwise be levied and assessed against a project but for the involvement of the Agency in such project.

  • U.S. Tax Code means the United States Internal Revenue Code of 1986, as amended; and

  • United States Tax Compliance Certificate has the meaning specified in Section 3.01.

  • Tax Exemption Certificate means the Tax Exemption Certificate approved under the terms of this Resolution and to be executed by the Treasurer and delivered at the time of issuance and delivery of the Notes.

  • Tax-Exempt means with respect to interest on any obligations of a state or local government, including the Bonds, that such interest is excluded from gross income for federal income tax purposes; provided, however, that such interest may be includable as an item of tax preference or otherwise includable directly or indirectly for purposes of calculating other tax liabilities, including any alternative minimum tax or environmental tax, under the Code.

  • Section 162(m) Exemption means the exemption from the limitation on deductibility imposed by Section 162(m) of the Code that is set forth in Section 162(m)(4)(C) of the Code.

  • U.S. Tax Certificate has the meaning assigned to such term in Section 2.17(f)(ii)(D)(2).

  • Federal Tax Certificate means the Issuer's Federal Tax Certificate dated as of the Issue Date, as the same may be amended or supplemented in accordance with the provisions thereof.

  • U.S. Tax Compliance Certificate has the meaning specified in Section 3.01(e)(ii)(B)(III).

  • Tax-Exempt Organization means a "governmental unit," as such term is used in Sections 141 and 148 of the Code.

  • UK Tax Confirmation means a confirmation by a Lender that the person beneficially entitled to interest payable to that Lender in respect of an advance under a Loan Document is either:

  • Change in Tax Law means the enactment, promulgation, execution or ratification of, or any change in or amendment to, any law (or in the application or official interpretation of any law) that occurs on or after the date on which the relevant Transaction is entered into.

  • Reportable Event means any of the events set forth in Section 4043(c) of ERISA, other than events for which the 30 day notice period has been waived.

  • QPAM Exemption is defined in Section 6.2(d).

  • Prohibited Transaction has the meaning set forth in ERISA Section 406 and Code Section 4975.

  • Qualifying Examination means examinations on the basis of which a candidate becomes eligible for admission or its equivalent examination;

  • Qualifying exigency means a situation where the eligible employee seeks leave for one or more of the following reasons:

  • IRS means the United States Internal Revenue Service.

  • Intended Tax Treatment has the meaning set forth in the Recitals.

  • Additional Disclosure Notification The form of notification to be included with any Additional Form 10-D Disclosure, Additional Form 10-K Disclosure or Form 8-K Disclosure Information which is attached to this Agreement as Exhibit W.

  • INHAM Exemption is defined in Section 6.2(e).